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Cadence Design Systems Stock Predictions

Cadence Design Systems Stock Forecast

  • Over the next 52 weeks, Cadence Design Systems has on average historically risen by 17.7% based on the past 26 years of stock performance.
  • Cadence Design Systems has risen higher in 20 of those 26 years over the subsequent 52-week period, corresponding to a historical accuracy of 76.92%
  • Is Cadence Design Systems Stock Undervalued?
    The current Cadence Design Systems [CDNS] share price is $305.60. The Score for CDNS is 65, which is 30% above its historic median score of 50, and infers lower risk than normal.
  • CDNS is currently trading in the 60-70% percentile range relative to its historical Stock Score levels.

Will Cadence Design Systems Stock Go Up Next Year?

  • Over the next 52 weeks, Cadence Design Systems has on average historically risen by 17.7% based on the past 26 years of stock performance.

Cadence Design Systems Stock Rating

Buy
65
Cadence Design Systems (CDNS) is a Buy

Is Cadence Design Systems overpriced?

  • Cadence Design Systems has risen higher in 20 of those 26 years over the subsequent 52-week period, corresponding to a historical accuracy of 76.92%

Cadence Design Systems Stock Price History

Is CDNS stock going to rise?

  • Based on the share price being above its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bullish and CDNS is experiencing slight buying pressure.

Stock Information

Stock Info

Exchange:
NASDAQ
Country:
United States
Industry:
Software
Sector:
Information Technology
Type:
stock
Website:
cadence.com

52-Week Data

52-Week High:
328.99
52-Week Low:
241.29

Prediction Charts

Market Cap:
83.8B
Price in USD:
305.60
Volume:
1.6M
Beta:
1.41

Technical Analysis

SMA50:
303.93
SMA100:
285.88
SMA200:
288.41
52-Wk Change:
10.97%

Stock Predictions

  • Is Cadence Design Systems stock public?
    Yes, Cadence Design Systems is a publicly traded company.
  • What is the Cadence Design Systems stock quote today?
    The Cadence Design Systems stock price is 305.60 USD today.
  • How to buy Cadence Design Systems stock online?
    You can buy Cadence Design Systems shares by opening an account at a top tier brokerage firm, such as TD Ameritrade or tastyworks.

14-Day Historical Data

Date Opening Closing Minimum Maximum
Dec-27 303.67 305.03 306.78 300.95
Dec-30 302.28 301.86 304.43 298.25
Dec-31 302.39 300.46 303.08 299.76
Jan-2 304.84 297.66 306.05 295.79
Jan-3 300.49 303.86 306.23 297.63
Jan-6 306.46 308.14 315.55 306.46
Jan-7 307.21 301.67 308.89 298.48
Jan-8 303.04 302.73 306.77 301.42
Jan-10 298.77 299.00 302.72 297.32
Jan-13 298.00 292.50 298.36 290.91
Jan-14 293.55 294.19 295.33 289.00
Jan-15 301.88 300.72 304.00 300.35
Jan-16 303.00 298.90 304.06 298.68
Jan-17 305.87 305.60 307.05 302.61

Cadence Design Systems Earnings

Cadence Design Systems Earnings Report: Per Share Cadence Design Systems Earnings Q1 Q2 Q3 and Q4 last year and next year.

Cadence Design Systems Forecast Revenue Growth

Cadence Design Systems Stock Analysis: Historical quarterly revenues per share for Cadence Design Systems and historical quarterly revenue growth:

  • Analysts estimate an earnings increase this quarter of $0.30 per share, a decrease next quarter of $0.00 per share, an increase this year of $0.94 per share, and an increase next year of $1.01 per share.

* Cadence Design Systems stock forecasts short-term for next days and weeks may differ from long term prediction for next month and year based on timeline differences.